Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


‘Surprised’ Key had plenty of warning on unemployment

David
PARKER
Spokesperson for Finance

9 November 2012 MEDIA STATEMENT
‘Surprised’ Key had plenty of warning on unemployment

John Key has taken his eye off the employment ball, shown by his ‘surprise’ at the high unemployment numbers, says Labour’s Finance spokesperson David Parker.

“John Key was blindsided by the high unemployment figures. That’s not because they’re wrong, it’s because he took his eye off the ball.

“There has been plenty of warning.”
• On 18 October ANZ predicted unemployment would rise towards 7% after job advertisements dropped
• The performance of manufacturing index showed employment in that sector has been contracting for four months.
• The performance of services index showed the industry is contracting.
• New Zealand Manufacturers and Exporters Association Survey of Business Conditions showed confidence down to negative 33%
• NZIER Quarterly Survey of Business Opinion forecast growth down in the second half of the year.
• The Quarterly Employment Survey showed a drop in 2,800 full-time jobs for the last quarter.

“How can John Key be surprised when week after week, more redundancies are announced? ANZ weren’t surprised, manufacturers weren’t surprised, unions weren’t surprised, employers weren’t surprised, workers weren’t surprised.

“In fact anyone who read a newspaper or watched the news wasn’t surprised. John Key took his eye off the ball and is completely out of touch.

"All year John Key has been preoccupied with National's problems, and has not paid proper attention to what matters - the economy and jobs.


“John Key’s distractions this year have been many. The tea tapes, ACC, class sizes, John Banks’ donations, Dotcom, memory fades and most recently insults to sporting celebrities and others.

“Throughout the year the Government’s flagship economic initiative for this three year term - state asset sales - has gone increasingly awry, but was never going to grow the economy or jobs anyway.

“The cost of this mismanagement is clear.”


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Protests Close Roads: TPP Signed In Auckland

“TPP was signed by Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Viet Nam.” More>>

ALSO:

Emails Behind 'Diplomatic Immunity' Case: Whitehead Report Released

“As previously indicated the conclusions reached by Mr Whitehead’s investigation are not unexpected but they are very disappointing,” Mr Mccully says. “At the heart of the matter is a single email, along with procedural shortcomings, which gave Malaysian officials the impression it would be acceptable for Mr Rizalman to return to Malaysia." More>>

ALSO:

Gordon Campbell: On The Treaty/TPP Overlap, And Iowa

The fears about the ISDS provisions in the Trans Pacific Partnership deal are well-founded. The reality is that there is a sharp uptick in the occurrence of ISDS litigation in developed countries, and even the right wing likes of The Economist have been souring on the process for some time. More>>

ALSO:

Christchurch Red Zone Offers: Fresh High Court Proceedings

Grant Cameron, Solicitor for the Quake Outcasts said “the action seeks judicial review of the Crown’s recent decision to make a fresh offer to purchase properties from uninsured property owners in red zones. More>>

ALSO:

PM's Post-Cabinet Press Conference: Waitangi And TPP

Prime Minister John Key on Tuesday said his office has received an invitation for him to visit the Lower Marae on Waitangi Day, but was waiting for a meeting of the Te Tii Marae Trustees. More>>

ALSO:

Flagged: 'Wrong Colour' Bridge Flag To Change

NZ First: Only 13 days after National trumpeted its legally questionable flag on Auckland Harbour Bridge, it is now coming down because it is the wrong colour... “Mr Key’s latest flag fiasco is another waste of taxpayers' money. Given it is coming down, down is exactly the location where it should remain. More>>

ALSO:

School's In: Children Head Back To School

“Across the whole of this year we expect 61,820 five year olds will begin their primary schooling for the first time,” says the Ministry of Education head of sector enablement and support Katrina Casey. More>>

ALSO:

Dog & Lemon: FBI Disagrees With NZ Government Over Police Chases

Multiple studies, quoted by the FBI, show that once suspects realise they're no longer being chased; they tend to slow down to normal driving speeds and therefore become far less of a risk. The FBI report also categorically rejected the argument that abandoning police chases meant ‘giving in’ to offenders. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news